Bread Financial announces early tender results

Bread Financial (BFH) announced that as of 5:00 p.m., New York City time, on June 4, pursuant to and in accordance with its previously announced cash tender offer, approximately $536,786,000 in aggregate principal amount of the Company’s 9.750% Senior Notes due 2029 had been validly tendered and not validly withdrawn on or prior to the Early Participation Date, which, if and when accepted for purchase up to $150,000,000 in aggregate principal amount of Notes by the Company pursuant to the terms and conditions of the Tender Offer, would result in Total Consideration of $1,071.25 for each $1,000 principal amount of Notes, which Total Consideration was determined in accordance with the terms of the Tender Offer based on the principal amount of Notes tendered and the Bid Premiums at which such tenders were made.